Answer:
B. 66.67%
Explanation:
Contribution is the difference between the company's total revenue and the total variable cost. The ratio of the contribution to sales or revenue gives the contribution margin ratio.
The contribution may also be derived from the addition of the fixed cost and the operating income.
Contribution margin
= $115,000 + $54,000
= $169,000
Let the number of units to be sold to achieve targeted income be U
6U - 2U - 115,000 = 54,000
4U = 169,000
U = 42,250
Contribution margin ratio = 169000/(6 * 42,250)
= 66.67%
Answer:
20,000 shares
Explanation:
The computation of given question is shown below:-
Dilutive number of shares:-
Proceeds from the options issue = 50,000 × $15
= $750,000
Shares issued = 50,000
Treasury shares purchased from proceeds of the options
= ($750,000 ÷ $25)
= 30,000
Dilutive number of shares outstanding = Shares issued - Shares purchased back
50,000 - 30,000
= 20,000 shares
Food production is a global thing
Restaurants and culinary schools are mainly places that Are not global such as Stacy's is a great Restaurant that is probably in only few states.
(idk if this is right but i hope it is)
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a.
WACC is calculated as –
WACC = (Weight of common stock X Cost of common stock) + (Weight of preferred stock X Cost of preferred stock) + (Weight of debt X After tax cost of debt)
WACC = (64% X 13.4%) + (9% X 6.4%) + (27% X ((1- 40%)*8.1%))
WACC = 10.46%
b. After tax cost of debt is calculated as –
After tax cost of debt = (1- tax rate) X cost of debt pre-tax
After tax cost of debt = ((1- 40%)*8.1%))
After tax cost of debt = 4.86%
